In an unusual move, Carlsbad-based MaxLinear said today that it has reached a private deal to repurchase a significant number of its shares from its venture capital investors. The deal will completely cash out MissionVentures, which will no longer hold any ownership interest in MaxLinear. READ MORE>>.

The company is backed by Allen & Co, MissionVentures, DFJ Dragon and Sports Capital Partners Worldwide. Los Angeles-based RotoHog , the developer of online fantasy sports and entertainment games, said last night that it has launched four new partner games. All of the games are based on RotoHog's SCP platform. READ MORE>>.
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The firm appears to be the company Damarillo told socalTECH in July which had just received venture funding. MaestroDev lists venture capitalist Leo Spiegel, of MissionVentures, as a board member; Damarillo serves as Chairman. He's currently heading up Morphlabs , which shares the same address as MaestroDev. READ MORE>>.
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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 billion invested in the region.
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Irvine-based Enovate Corporation , which is backed by MissionVentures and Draper Fisher Jurvetson, said today that it has renamed itself from Carbon Micro Battery. Enovate is a spinout of the University of California, Irvine, and has raised $5.3M in venture financing from such firms as MissionVentures and Draper Fisher Jurvetson.
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